Bank Of China
Bank of China (BOC), one of the oldest and most prestigious financial institutions in China, was founded in 1912. Headquartered in Beijing, CN, BOC operates extensively across Asia, Europe, and the Americas, providing a wide range of banking and financial services. As a key player in the banking industry, BOC offers services including corporate banking, personal banking, investment banking, and wealth management, distinguished by its strong international presence and comprehensive product offerings. With a commitment to innovation and customer service, Bank of China has achieved significant milestones, including being one of the first Chinese banks to establish a global footprint. Its market position is reinforced by its ranking among the largest banks in the world, making it a trusted partner for both individual and corporate clients seeking reliable financial solutions.
DitchCarbon Score
How does Bank Of China's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Bank Of China's score of 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank Of China's reported carbon emissions
In 2023, Bank of China reported total carbon emissions of approximately 1,594,093,000 kg CO2e. This figure includes 84,740,000 kg CO2e from Scope 1 emissions, 1,509,353,000 kg CO2e from Scope 2 emissions, and 6,466,000 kg CO2e from Scope 3 emissions, specifically related to waste generated in operations. Over the past few years, the bank has shown a trend in its emissions data. In 2022, total emissions were about 1,537,546,000 kg CO2e, with Scope 1 and 2 emissions contributing significantly to this total. The emissions for 2021 were approximately 1,534,060,000 kg CO2e, while in 2020, they were around 1,512,554,000 kg CO2e, and in 2019, the total was about 1,587,180,000 kg CO2e. Despite these figures, Bank of China has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction targets suggests that while the bank is aware of its emissions, it may not have formalised commitments to reduce them in line with industry standards or climate pledges. Overall, Bank of China's emissions data reflects its operational scale and the challenges faced in managing carbon outputs, particularly in the banking sector, which is increasingly scrutinised for its environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 88,718,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,498,463,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bank Of China is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
